SOLVE CEO and co-founder, Eugene Grinberg was recently interviewed for an article published by Bloomberg about the positive trends in the private credit space:
When multiple lenders participate in a buyout deal, for example, they have a lot of leeway in valuing the loan once it’s issued. At times, the parties, which often use outside services to measure loan values, can arrive at a different number, says Eugene Grinberg, co-founder of financial research firm Solve. “Lenders can shop valuation companies like issuers shop ratings agencies,” he says.
Founded in 2011, SOLVE’s mission is to deliver transparency to the famously opaque Fixed Income market. We provide the Fixed Income industry with the most comprehensive, accurate, and real-time pricing information and market color available.
Powered by machine learning and natural language processing, our sophisticated, flexible technology collects more data and market color when and how you need it. We house the largest dataset (500,000+) of bids, offers, and market color across five asset classes (Structured Products, Corporates, Bank Loans, CDS, and Municipals). Our powerful workflow tools eliminate the hassle of the BWIC process, consolidate dealer inventories, and streamline month-end for the back office, all in one place and at your fingertips.